On the Time and Sales on Interactive Brokers a lot of trades come through highlighted as yellow which indicates its "unreported"
From IB website this is defined as:
"The "Last" price for trades that occur under certain circumstances such as being part of a spread trade, a trade reported late, or some other special condition trade, are not shown in TWS market data, but by default will now be displayed in Time & Sales for the underlying. These "unreported last" ticks are identified in Time and Sales by a yellow tick dot."
Is this going to be trades from dark pools?
From IB website this is defined as:
"The "Last" price for trades that occur under certain circumstances such as being part of a spread trade, a trade reported late, or some other special condition trade, are not shown in TWS market data, but by default will now be displayed in Time & Sales for the underlying. These "unreported last" ticks are identified in Time and Sales by a yellow tick dot."
Is this going to be trades from dark pools?